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Shortened Week in Canada Features CPI, Housing Numbers

Baystreet - Fri Oct 11, 2:55PM CDT

Monday

U.S.

Columbus Day. Bond Markets Closed

Featured Earnings

Karooooo Limited (NASDAQ: KARO)(Q2) EPS of 38 cents, compared to 30 cents in the prior-year quarter.

Canada

Markets are closed for Thanksgiving

Tuesday

U.S.

Featured Earnings

UnitedHealth Group Inc (NYSE: UNH) (Q3) EPS of $7.02, compared to $6.56 in the prior-year quarter.

Johnson & Johnson (NYSE: JNJ) (Q3) EPS of $2.19, compared to $2.66 in the prior-year quarter.

Bank of America Corp (NYSE: BAC) (Q3) EPS of 78 cents, compared to 90 cents in the prior-year quarter.

Canada

Economic Lookahead

Consumer Price Index (Sept.) CPI rose 2.0% on a year-over-year basis in August, down from a 2.5% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.1% in August.

Wholesale Trade (Aug.) Wholesale sales grew 0.4% to $82.7 billion in July.

Wednesday

U.S.

Economic Lookahead

Import price index (Sept.)

Featured Earnings

Abbott Laboratories (NYSE: ABT) (Q3) EPS of $1.20, compared to $1.14 in the prior-year quarter.

Elevance Health Inc (NYSE: ELV) (Q3) EPS of $9.74, compared to $8.99 in the prior-year quarter.

Prologis Inc (NYSE: PLD) (Q3) EPS of $1.38, compared to $1.30 in the prior-year quarter.

Canada

Economic Lookahead

CREA Stats (Sept.) Home sales recorded over Canadian MLS® Systems edged up by 1.3% on a month-over-month basis in August, reaching their highest level since January and their second highest in over a year.

Monthly Survey of Manufacturing (Aug.) Manufacturing sales rose 1.4% in July, mainly on higher sales of petroleum and coal, and chemical products. The gains were partially offset by lower sales of wood products.

Housing Starts (Sept.) Housing starts tailed off to 217,400 in August from 279,800 in July.

Featured Earnings

American Lithium Corp. (T.LI) (Q2) EPS for loss of two cents, compared to a loss of three cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Weekly Jobless Claims (ending Oct. 11)

U.S. retail sales (Sept.)

Industrial production (Sept.)

Business Inventories (Aug.)

Home builder confidence index (Oct.)

Featured Earnings

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) (Q2) EPS of $1.74, compared to $1.29 in the prior-year quarter.

Netflix Inc (NASDAQ: NFLX) (Q3) EPS of $5.07, compared to $3.73 in the prior-year quarter.

Morgan Stanley (NYSE: MS) (Q3) EPS of $1.57, compared to $1.38 in the prior-year quarter.

Canada

Economic Lookahead

Canada’s International Transactions in Securities (August) Foreign investors increased their exposure to Canadian securities by $11.0 billion in July. Meanwhile, Canadian acquisitions of foreign securities slowed to $4.5 billion, down from a $16.4 billion investment in June.

Motor Vehicle Sales (Aug.) Motor vehicle sales registered 169,000 in July from 166,000 in the prior-year month.

Featured Earnings

Colabor Group Inc. (T.GCL) (Q3) EPS of two cents, identical to the prior-year quarter.

Friday

U.S.

Economic Lookahead

Housing starts (Sept.)

Building Permits (Sept.)

Featured Earnings

Procter & Gamble Co (NYSE: PG) (Q1) EPS of $1.90, compared to $1.82 in the prior-year quarter.

American Express Company (NYSE: AXP) (Q1) EPS of $3.27, compared to $3.30 in the prior-year quarter.

Schlumberger NV (NYSE: SLB) (Q3) EPS of 89 cents, compared to 78 cents in the prior-year quarter.


Canada

Featured Earnings

Corus Entertainment Inc. (T.CJR.B) (Q4) EPS calls for loss of 7.5 cents compared to loss of 10 cents in the prior-year quarter.